Analyst Presents Update on Education Funding to CalChamber Board

Gabriel Petek, appointed California’s Legislative Analyst in February, reviews for the CalChamber Board of Directors on December 6 the factors that go into his office’s assessment of the state’s economy and fiscal outlook, both of which affect education funding due to the formula placed in the State Constitution by voter-approved Proposition 98 in 1988. Petek was the primary analyst for California and Illinois at S&P Global Ratings before his appointment.